Don’t Cash Your Online Poker Checks Just Yet: They’re Bouncing

Written by:
C Costigan
Published on:

As Gambling911.com has been reporting over the past few hours, the Instant eCheck solution offered by Full Tilt Poker, PokerStars and Absolute Poker/UltimateBet has abruptly been discontinued. This is making it difficult for some players to move money into these operations.  But the real headache is coming when someone attempts to cash one of these checks.  

The checks are bouncing.

Gambling911.com learned late Friday that the Attorney General's office in New York State has targeted this particular processor. 

As a result, players are being forced to pay "insufficient funds" fees.  In extreme cases, bounced checks can cause negative results to credit scores. 

With the banking sector in crisis, there is also a potential that one's banking institution could elect to shut off customers attempting to pass off such checks.

Gambling911.com has issued an advisory NOT TO CASH ANY CHECK RECEIVED FROM ONE OF THESE ONLINE POKER COMPANIES OVER THE PAST WEEK UNTIL THIS MATTER IS RECTIFIED.  Contact your online poker site and request another payment method or verify that the check in question is not part of the Instant eCheck payment solutions.

We should also note that a separate entity - eCheck - is in no way affiliated with Instant eCheck.  Initial reports suggest it was the eCheck product that had been pulled.  This is not the case.

"We only process for casino's and are going very well," an eCheck company spokesperson told Gambling911.com Friday morning.  "This is a customer service nightmare and is starting to costs us revenues and credibility."

Gambling911.com was quick to distinguish between the two companies and make note that the eCheck option available at many online casinos is still very much readily available. 

It was not immediately known as to why the Instant eCheck deposit and payment solution was pulled from the three major online poker sites. 

Gambling911.com will continue to monitor this story as news develops. 

Christopher Costigan, Gambling911.com Publisher         

Gambling News

Miami Beach Amazing Fireworks Display and Gambling911.com Has Front Row Seat

This was the first ever show that featured a special effects light show

Another One Bites the Dust: UK Affiliate Bet-at-Home Shuts Down Its Program

Another One Bites the Dust: UK Affiliate Bet-at-Home Shuts Down Its Program

The UK's crackdown on advertising has forced operators to sever ties with non-compliant affiliates in recent years.

Popular Sportscaster, Handicapper Dead at 82

Popular Sportscaster, Handicapper Dead at 82

Sports broadcaster Hank Goldberg died Monday on his birthday.

Can I Bet the Nathan's Hot Dog Eating Contest From My State?

Can I Bet the Nathan's Hot Dog Eating Contest From My State?

You can bet the Nathan's Hot Dog Eating Contest from just about every U.S. state courtesy of BetUS.

Adesanya vs. Pereira and Volk vs. Oliveira Fight Odds Released

Oddsmakers believe that Alex Pereira is up next for Adesanya with Pereira a slight +140 underdog.  Adesanya comes in at -160.  He was a -180 favorite Saturday night.